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<br /> �� � of Bonower's covenants and agrecments under this Securiry Instrument nnd the Note. Por this purpose, Borrower
<br /> ����"'� � I irrevocably grants and wnveyA to tha Trustee,in trust,wlth pawer of sale,the following descrlbed property located in
<br /> � Hp,�,�, Counry,Nebraska:
<br /> LOT SIX (6) , IILOCK FIVE (5) , WINDOLPH'8 ADDITION Ta THE CITY OF V` =
<br /> CRAND I9LAND, HALL COUNTY, NEBRASKA. . �'''-r��'=
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<br /> � � whtch has�he addmss of iiis WEST JOHN, o�xn xsr.,Hrm [sc���.cicyl. ��`'��+��r;
<br /> "� Nebravka 68801 (Z�pcoao) ("Property AddTess")c ,+;;�,;;."`-
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<br /> , TOCiE'I'f�R WITH all the improvements now or hemafter er�tcd on tho property, and all easements. ;:---
<br /> apPurtenances and fixttues now or hen�'ter a part of the property.H11 replacements and additions shall also be covered `-�"``
<br /> s by this Secudty Instnuncnt All of the fotegoing�S refemzd w in this Security Instr�ment av the"Property:' __
<br /> _ ' �`� BORROWER COVENAIV'TS that Horrower is lawfully seized of the estate hereby wnveyed and hSS the rlght to �,;
<br /> �' gmnt and convey the Property and that thc Pcoperty is unencumbcred,eacept for encumbc�nces of record.borrower = -
<br /> . warrants and will defend generally the tide to the Properq+ngoinst a3S clalms and demaads,subject W any encumbrances �
<br />- of record.
<br />- TFIIS SSCURIT'Y INSTRLTMENT combines unlform covenants for national use u�d non-uniform covenan�g with �=,
<br />-_ . timited veriadons by Juriscffepon to constimte a unifonn securlry instmment cover�ng nal prope�ty. —
<br /> Horrowa end Lendu covenant and agroe as follows:
<br />�� _ UNIFORM COVENANTS.
<br /> , ' 1.PAyment of Priecipai,Interest and I�ate C6arge.Borrower shall pay when due the principal of�and interest
<br /> i'L J{.i.;��` � OII�the dcbt evidenced by the Note and late charges due under the Natc.
<br />:���:�::..•.;.. : 2.Mont6ly Payment oP Taxes,Insurw�ce and Other C6arges.Horrowa shall inClude in each monthly payment,
<br />_�;,�•�>.:•wa�> Wgether with the prIncipal and intuest es set forth in tho Note and eny Iata cherges�a sum For (a) ta�ces and spocial
<br /> ;�",;'•' assessments Ievled or to be levied against the Property.(b)leaSehold payments or gmund reats on the Propaty,and(c)
<br />-%:!''_`��:."�:�� p�m.nntums for insurance rotlulnd under para�raph 4. In any yeaz fn which the L�dtr must pty a mortgage insurence
<br /> . premium to the Secretary of Housing and Urban Development("Secretary"),or in eny year in which such pcemtum =
<br /> � .. would have bcen required if Lenda s�held the Security Instrument,cach monthly peyment stiall also includo eithu:(i) -�
<br />-".. r.: a sum for the annaal mottgage insurauce premium to be paid by Lender W the Seccetary�or(u)e mnnthly charge inst�ead =
<br /> "i''"r'�" • of a mongage insuranco premium if thls Sa;urity Instnunent is held by the Secretery.in a reasonable amcant to be
<br />�td.�',�,, ... . deter►nined by the Secretary. Bxcept for the monthly c`harge by tho Secretary,these iums are called"Bsaow Items"end
<br />�"��"� the sums paid W Lender are callod"Escrow Funds.��
<br />;:�",,�.:,:': "• Le,nda may,at any oimu,collect and hold amounts for Esaow Items in an aggre$ete amount not to exca�the
<br />`�-`'" . .. maxlmum emount that may bc required for Borrower's cscrow aocflunt under the Real Estate Sculement Pcocedures Act -
<br /> ..�... : , _
<br />'� �� of 1974, 12 U.S.C.�ecdon Z601 er seq.and implemcnring re�uult►dons,24 CFR Part 3500,es they may bo amended �
<br /> �i frnm time oo time("ItESPA"),except that the cushIon or mserve pe�rnittcd by R�SPA fot unendctpated dLSbursemenLq �sT��'
<br /> ° � or disbursements before th�Horrowcr's payments tua available in the account may not be based on amounts due for the �-_:_�_�
<br />-.. ., � mortg�ge insurance premfum. "i - -__
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